Edgewell Personal Care Co (EPC)
Fixed asset turnover
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,253,700 | 2,270,200 | 2,272,400 | 2,271,400 | 2,251,600 | 2,254,400 | 2,228,200 | 2,177,500 | 2,171,700 | 2,178,000 | 2,127,900 | 2,099,500 | 2,087,300 | 2,032,900 | 1,943,100 | 1,946,800 | 1,949,700 | 1,988,900 | 2,114,200 | 2,137,900 |
| Property, plant and equipment | US$ in thousands | 349,100 | 325,400 | 327,500 | 333,500 | 337,900 | 339,800 | 342,300 | 348,600 | 345,500 | 347,800 | 355,400 | 356,600 | 362,600 | 358,100 | 360,900 | 368,900 | 370,900 | 366,300 | 372,000 | 384,800 |
| Fixed asset turnover | 6.46 | 6.98 | 6.94 | 6.81 | 6.66 | 6.63 | 6.51 | 6.25 | 6.29 | 6.26 | 5.99 | 5.89 | 5.76 | 5.68 | 5.38 | 5.28 | 5.26 | 5.43 | 5.68 | 5.56 |
September 30, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,253,700K ÷ $349,100K
= 6.46
Fixed asset turnover is a key ratio that measures a company's efficiency in generating sales revenue from its investment in fixed assets. Edgewell Personal Care Co's fixed asset turnover has been showing a generally increasing trend over the past few quarters, indicating improved efficiency in utilizing its fixed assets to generate sales.
The latest fixed asset turnover ratio for September 30, 2024, stands at 6.46, which means that for every dollar invested in fixed assets, the company generates $6.46 in sales revenue. This represents a slight decrease compared to the previous quarter but is still relatively high.
The company's fixed asset turnover has consistently remained above 5.00 over the past few years, indicating that Edgewell Personal Care Co has been effectively utilizing its fixed assets to drive sales growth. The recent ratios ranging between 6.25 to 6.98 suggest that the company is efficiently managing its fixed assets and generating substantial sales compared to the investments in property, plant, and equipment.
Overall, Edgewell Personal Care Co's fixed asset turnover ratio reflects a positive trend in optimizing the utilization of its fixed assets to drive revenue generation.
Peer comparison
Sep 30, 2024